Bill Hionas says Silver Also attracts Safe Haven Investment

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Bill Hionas says Silver Also attracts Safe Haven
Investment
(1888PressRelease) Silver should not be
overlooked as an investment vehicle. MIAMI, FL -
Gold has been dominating the news recently as it
pushes through barrier after barrier to reach new
record highs. Meanwhile the other precious metals
are being somewhat overlooked. Silver attracted
its own media frenzy earlier in the year as it
seemed set to rise to dizzy heights, only to fall
spectacularly in early May. Since then silver has
rebounded quite strongly and seems to be holding
firm above 40 an ounce. Some investors may be
wary of silver following its volatility in the
spring, however, it can benefit from the same
safe haven demand that is currently driving
gold. Silver does not behave in the same way as
gold it relies heavily on industrial demand,
which makes it susceptible to fluctuations in the
economy and the strength, or otherwise, of the
industrial sector. Silver, however, is similar to
gold in that it has been accepted as money for
centuries it also offers investors a far more
accessible entry point into precious metals
trading, currently trading at approximately 1/44
the price of gold. As 'poor-man's gold', silver
therefore has a definite attraction and many
indicators suggest it is likely to rise to 50 or
even beyond in the near future, given economic
uncertainty and a rapidly dwindling selection of
safe havens. Warren Buffett and Bill Gates are
both reputed to have substantial holdings in
silver, which might give the average investor
pause for thought. Bill Hionas is the founder of
Pan American Metals of Miami, based in Miami,
Florida. PAMM has seen considerable investment
demand for all four precious metals and silver is
currently trending upward. Bill leads a team of
experienced brokers and traders that is available
to assist buyers. About Bill Hionas Bill Hionas
is CEO of Pan American Metals of Miami, LLC, a
group of traders, investors and brokers who
combine many years of experience to help clients
invest in bullion. PAMM provides an individual
investment service and is based in Miami, Florida
for convenient access to both North and South
American investors.
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Website http//www.billhionas.info
http//www.panamericanmetalsofmiami.com Press
Contact Debbie Bailey Executive
Administrator Pan American Metals of Miami,
LLC Email dbailey ( _at_ ) investpanam dot
com Website http//www.billhionas.info
http//www.panamericanmetalsofmiami.com Source h
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